Electricity tariff for next quarter to be reduced by 21%
By Hasnita A Majid, Channel NewsAsia
The electricity tariff is coming down for the second straight quarter.
For the period of April 1 to June 30, it will be reduced by 21.37 per cent or 4.9 cents to 18.03 cents per kWh. This is the lowest rate in four years, since April 2005.
The tariff is currently at 22.93 cents per kWh for January to March 2009.
SP Services said the reduction is largely due to lower fuel oil prices.
The electricity tariff is reviewed quarterly and adjusted in line with the changes in the cost of electricity.
- CNA/so
- wong chee tat :)
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